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Balloon Amortization +
This program is a version of a balloon payment schedule that demonstrates the effect of reducing initial payments and either making a large payment at the end of the balloon period or refinancing the loan. It will run under Win 95, 98, Me, NT4,XP, & 2000. Bankers are currently touting mortgages with a one to five year balloon.
What they don't tell you is that the interest is usually based on a 30 year term.
Released by: Bent Tree Software
Date: 5/5/2001
Version: 1.2
File Size: 1.21 MB
Price: $ 8.00
Supported OS: Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000
Keywords: personal finance mortgage loan amortization compare loans software shareware balloon amortization demonstrates effect reducing initial payments
Free Balloon Amortization + Download Link |